Japan to take control of Tokyo Electric Power - report

TOKYO (Reuters) - Japan's government plans to take control of Tokyo Electric Power Co <9501.T>, the operator of a stricken nuclear power plant, by injecting public funds, the Mainichi newspaper said on Friday.

But the government is unlikely to take more than a 50 percent stake in the company, an unnamed government official was quoted by the daily as saying.

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"If the stake goes over 50 percent, it will be nationalized. But that's not what we are considering," the official was quoted by the paper as saying.